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TexLaw, Attorney
Category: Legal
Satisfied Customers: 4430
Experience:  Lead trial/International commercial attorney licensed 11 yrs
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If Im a corporation and our landlord wants us to personally

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If I'm a corporation and our landlord wants us to personally guarantee the lease will be paid does that put us in a situation that if we are sued by someone who has an injury in our store where they could come after the corporation and us? If the lease is just in the corporate name could they come after us personally?

Thank you for your question.

A personal guarantee on the payment of rent will not expose you to third-party liability for personal injuries on the premises. The only party that will remain liable for that is the corporation and the landlord (potentially).

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